The Consumer Confidence Index. July 2025

We present a new issue of the analytical bulletin “The Consumer Confidence Index” within the project Belarus Economy Monitor. 

  • In the third quarter of 2025, the Consumer Confidence Index, calculated according to Rosstat’s methodology, declined by 3.4 p.p., amounting to –2.5%.
  • The Consumer Confidence Index excluding the current economic situation component, measured according to Eurostat’s methodology, stood at -1.1%, while the average for the European Union in July 2025 was considerably lower – at -13.5%.
  • The decline in the index was primarily driven by more negative assessments of the country’s economic situation, whereas perceptions of households’ own financial situation remained unchanged from the previous wave.
  • The proportion of respondents reporting a decrease in income slightly increased, reaching 28%.
  • The shares of those who had lost their job in the past two weeks and those reporting job loss among acquaintances remain minimal.
  • A total of 58% of respondents reported a shortage of personnel in their sector of employment.